Cedar Valley Habitat For Humanity

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421320296 ✦ Cedar rapids, IA ✦ Designated as a 501(c)(3)

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Overview

What is Cedar Valley Habitat For Humanity?

Cedar Valley Habitat for Humanity is a nonprofit organization situated in Cedar Rapids, Iowa. With a mission rooted in ecumenical Christian values, their primary goal is to construct and renovate simple, decent, and affordable homes for families in need, specifically in Linn and Benton Counties. The organization follows a unique approach, where families purchase these homes at cost, which are built in collaboration with the families themselves and volunteers. This year, five homes were sold through this method. The organization's mission is fueled by a strong commitment to making affordable housing a priority, enlisting support from various entities, including companies, faith-based groups, community organizations, and individuals, to fund and build these homes. With around 30 employees, Cedar Valley Habitat for Humanity continues its mission to provide zero-interest mortgages to families who would otherwise struggle to secure traditional home loans.


Official website here: www.cvhabitat.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98% (Four-Star out of Four Stars)

Cedar Valley Habitat For Humanity has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong organizational performance and commitment to accountability and financial health. The charity scores exceptionally high in Accountability & Finance, achieving a perfect score of 100. Key indicators include an entirely independent board and robust financial practices, which demonstrate transparency and effective governance.

The organization also shines in its Leadership & Adaptability score of 100, indicating a strong focus on developing leadership within its team. Cedar Valley Habitat For Humanity prioritizes staff training and team-building through retreats, showcasing its commitment to fostering a supportive work environment. Additionally, they have effectively navigated significant external challenges, adapting successfully to changing conditions.

While the overall performance is impressive, the Culture & Community score of 89 suggests that there is still room for improvement in engaging and impacting the community further. Nonetheless, the substantial program expense ratio of 75.31% indicates that a significant portion of resources is dedicated to fulfilling its mission, ensuring that funds are directed towards impactful programs and services.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Cedar Valley Habitat For Humanity?

98% of 37 reviewers on Facebook recommend Cedar Valley Habitat For Humanity. Here is a summary of their reviews:

Many individuals express a deep appreciation for the organization's mission and the positive impact it has on the community. It is evident that volunteers find great fulfillment in their work, stating that they enjoy helping others and feel rewarded by the smiles and gratitude of the families they assist. There's a strong sense of camaraderie among volunteers, highlighting the supportive environment fostered by the nonprofit.

The enthusiasm for Cedar Valley Habitat For Humanity is palpable, with participants praising both the leadership and the collective efforts of everyone involved. Individuals note that the organization not only changes lives but also creates lasting connections among those dedicated to the cause. Overall, the sentiment is overwhelmingly positive, showcasing a commitment to making a difference in people's lives through service and support.


This AI summary has been generated from reviews found on Facebook.

Is Cedar Valley Habitat For Humanity legitimate?

Cedar Valley Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Valley Habitat For Humanity submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $129,268
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cvhabitat.org

What is the mission statement of Cedar Valley Habitat For Humanity?

Cedar Valley Habitat for Humanity is an ecumenical Christian housing ministry committed to constructing and renovating simple, decent, and affordable homes in Linn and Benton Counties. Their mission is to ensure that affordable shelter becomes a matter of conscience and action, providing zero-interest mortgages to deserving families who often fail to meet the requirements for traditional home loans. The organization relies on the support of companies, faith-based groups, community organizations, and individual donors to finance and build these homes.


Official website here: www.cvhabitat.org

Who is the CEO of Cedar Valley Habitat For Humanity?

Brittany Scanlon is the Vice President of Cedar Valley Habitat For Humanity.


Official website here: www.cvhabitat.org

What is the revenue of Cedar Valley Habitat For Humanity?

Cedar Valley Habitat For Humanity's revenue in 2022 was $1,742,831.


Official website here: www.cvhabitat.org

Who are the executives of Cedar Valley Habitat For Humanity and what are their salaries?

The average compensation at Cedar Valley Habitat For Humanity during 2022 was $4,309. There are 30 employees and 2500 volunteers at Cedar Valley Habitat For Humanity.


Here are 13 key members and their salaries:


Chris Terukina (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Langdon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Sullens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Faust (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Thorson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Heim (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Strathman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Stobb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Kemble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Rath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Terukina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jolene Frankhouse (Finance & Administration)
  • Compensation: $66,625
  • Related: $0
  • Other: $1,429
Brittany Scanlon (Executive Director)
  • Compensation: $56,977
  • Related: $0
  • Other: $861


Official website here: www.cvhabitat.org

Where can I find the form 990 for Cedar Valley Habitat For Humanity?

Cedar Valley Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cvhabitat.org

Learn more at the official website: www.cvhabitat.org

Mission Statement of Cedar Valley Habitat For Humanity

Cedar Valley Habitat for Humanity is an ecumenical Christian housing ministry committed to constructing and renovating simple, decent, and affordable homes for families who often do not meet the criteria for traditional home loans. This nonprofit organization operates in Linn and Benton counties, advocating that providing suitable and affordable shelter for all individuals is a moral obligation and action that should be taken seriously. Cedar Valley Habitat for Humanity achieves its mission by offering zero-interest mortgages to deserving families, enlisting the assistance of various entities, including companies, faith-based groups, community organizations, and individuals, to fund and build these homes. By doing so, the nonprofit is able to extend a helping hand to families who would otherwise be unable to secure housing, ultimately contributing to a more equitable community.

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Impact




July, 2024

Cedar Valley Habitat For Humanity's impact can be seen in the provision of affordable housing and nurturing services to families in need. Through their efforts, deserving families who might not qualify for traditional home loans are provided with zero-interest mortgages, enabling them to purchase simple, decent, and affordable homes built and rehabilitated in Linn and Benton counties. This organization engages companies, faith-based groups, community organizations, and individuals to fund and construct these homes, making decent and affordable shelter a matter of conscience and action for all of God's people. This year alone, five homes were sold to program families, furthering their mission of providing sustainable housing solutions to those in need.




This information is meant to be a general summary of Cedar Valley Habitat For Humanity. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,742,831 (2022)
Expenses
$1,670,282 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $472,293
  • Program Service Revenue: $290,264
  • Gross Receipts: $3,341,962

Assets and Liabilities:

  • Total Assets: $5,677,574
  • Total Liabilities: $794,451
  • Net Assets: $4,883,123

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HOUSES SOLD

Revenue

$290,264

Organization Details

Founding Year

1988

Principal Officer

Brittany Scanlon

Main Address

350 6TH AVE SE, CEDAR RAPIDS, IA, 52406

NTEE Category

Code: L20 - Housing

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